Small Cap US Equity Select ETF (NASDAQ:RNSC) Stock Price Up 1.1% – Time to Buy?

Shares of Small Cap US Equity Select ETF (NASDAQ:RNSC) rose 1.1% during mid-day trading on Friday . The company traded as high as $30.64 and last traded at $30.51. Approximately 3,153 shares traded hands during trading, a decline of 46% from the average daily volume of 5,835 shares. The stock had previously closed at $30.17.

Small Cap US Equity Select ETF Price Performance

The stock has a 50-day simple moving average of $31.02 and a 200-day simple moving average of $29.99. The stock has a market cap of $25.93 million, a PE ratio of 12.26 and a beta of 1.16.

Institutional Investors Weigh In On Small Cap US Equity Select ETF

A hedge fund recently raised its stake in Small Cap US Equity Select ETF stock. Archer Investment Corp raised its position in shares of Small Cap US Equity Select ETF (NASDAQ:RNSC) by 2.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,250 shares of the company’s stock after acquiring an additional 377 shares during the period. Archer Investment Corp owned approximately 2.26% of Small Cap US Equity Select ETF worth $581,000 at the end of the most recent reporting period.

Small Cap US Equity Select ETF Company Profile

The First Trust Small Cap US Equity Select ETF (RNSC) is an exchange-traded fund that is based on the Nasdaq Riskalyze US Small Cap index. The fund tracks a dividend-selected, tier-weighted index of small-cap US equities. RNSC was launched on Jun 20, 2017 and is managed by First Trust.